On Monday 13th March Alastair McCaig our Head of Investment Management joined Martina Fuchs on CNN Money Switzerland where he chatted about the current market conditions, expectations for interest rate increases in the US, Chinese banks and what to expect from the Swiss National Bank later in the week. To view the interview on CNN Money Switzerland please click here.
Synopsis of the week The last remaining moderate member of President Trump’s cabinet Gary Cohn has resigned over the US implementation of Steel & Aluminium tariffs. The ECB has removed the option of increasing or extending the current Quantitative Easing scheme and have raised growth expectations for 2018. Fridays impressive US Non-farm payroll figures certainly helped the markets end…
On Wednesday 7th March Fern Wealth Head of Investment Management Alastair McCaig spoke with Bloomberg anchor Jonathan Ferro and FX and Rates Strategist Richard Jones. On this week’s show, they discussed the departure of US President Donald Trumps chief economic advisor Gary Cohn, US Treasury markets and the possibility of US Chinese trade wars. Click here to listen to the…
Synopsis of the week Last week saw markets continue to behave erratically as traders weighed Trump policy news and rising rate expectations against increasingly impressive economic data releases. New FED chairman Jerome Powell delivered a strongly upbeat message on the state of the US economy seeing FX traders speculate that we might see four and not three interest rate rises…
Federal Reserve Chairman Jerome Powell won’t want to “rock the boat” during his House and Senate testimony this week, said Alastair McCaig, Director of Investment Management at Fern Wealth. He told Daybreak Europe’s Caroline Hepker that markets will be looking for any clues as to if there will be 3 or 4 rate hikes in 2018. Click here to listen…
On Wednesday 21st February Fern Wealth Head of Investment Management Alastair McCaig spoke with Bloomberg anchor Jonathan Ferro and FX and Rates Strategist Richard Jones. On this weeks show they discussed the bond market moves equity markets and the state of the UK banking sector. Click here to listen to the interview on Bloomberg.
SYNOPSIS OF THE WEEK Hawkish comments from last weeks FED minutes suggest the US might see more than just three rate rises during 2018, boosting the US Dollar and spooking equity markets. Traders have spent the week acclimatizing to the increased volatility in the markets as the bulls try to build up their confidence following the recent equity market correction….
Synopsis of the week The Bulls dominated last weeks trading as the “buy the dip” mentality took hold of the investment community, helping to drive equity markets higher. The US Dollar had another poor week, regardless of the economic data releases, increasing the chances of multiple rate rises over the remainder of 2018. Investors once again focused on the…
Synopsis of the week Equity markets had another torrid week closing lower although US markets did rally late on Friday (after Europe’s trading session stopped) closing the day out with the S&P 500 +1.5%, Dow Jones +1.4% and Nasdaq +1.7%. Regardless of current equity market volatility, Central banks spent last week confirming their interest rate rising policies, reflecting their confidence…
On Wednesday evening Fern Wealth Director of Investment Management Alastair McCaig joined Amanda Kayne on CNN Money Switzerland where they discussed the current market conditions following the VIX triggered sell-off, the German coalition government announcement and moves in the Bond markets.
